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British financial services firm EY to cut 3,000 jobs in US
The move comes after EY stopped its planned reorganisation, called "Project Everest," which aimed to accelerate growth and avoid conflicts of interest. The change was opposed by the firm's US branch
With newspaper advertisements, Western multinationals congratulate Hong Kong's new leader John Lee
The 'Big Four' accountancy firms, KPMG, Deloitte, EY and PwC, were among western multinationals placing adverts, as were city carrier Cathay Pacific and conglomerates Swire and Jardine Matheson
US overtakes China as most attractive country for renewables investment; India slips to 7th spot: EY report
The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday
Companies need to be more diligent while choosing partners for implementing COVID-19 relief measures: EY report
With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday
COVID-19: Double stress fund for stalled affordable housing projects to Rs 50,000 cr, says EY
The government has so far cleared Rs 540 crore worth projects and preliminary clearance has been given for due diligence in nearly 14 housing projects.
Online car sales may gain traction post-COVID-19 due to fears of infection; auto retail needs to become virtual: EY
Indian OEMs and car aggregators can take a cue from global players and gradually develop their capabilities to support this transformation
Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY
In the past few years, fund raising activity has been touching record highs, and grew 28 percent to $48 billion in 2019.
Coronavirus takes toll on global mergers and acquisitions as $1 billion deals disappear, first time since 2004
The dearth of mega deals comes as countries across the world have shut down large swathes of their economies as they battle the COVID-19 pandemic that has infected over 2.33 million people and claimed 165,000 lives.
Coronavirus leaves private healthcare sector in financial distress, in need of stimulus: FICCI-EY study
The private healthcare sector in the country is witnessing an unprecedented slowdown due to the outbreak of Covid-19 in India and the resultant lockdown, according to a FICCI-EY study
Coronavirus Outbreak: Fall in productivity single biggest concern among many firms, reveals EY survey
As many as 72 percent of organisations believe the impact of coronavirus pandemic will be felt beyond six months and the single biggest concern for continued remote working is fall in productivity, according to a survey by consultancy and advisory services provider EY
Infosys whistleblower complaint: Shades of Satyam fiasco; US is epicentre of both firms, but auditors can still redeem themselves
The US SEC is taking up cudgels for American investors. It is in the fitness of things that SEBI should bat for the Indian investors in Infosys
Haldiram emerges sole bidder to buy debt-ridden dairy firm Kwality with offer of Rs 130 cr
Kwality has a total debt of around Rs 1,900 crore, which means that lenders would have to take a significant haircut.
Venture investments up 69% at $16.4 bn in Q2; strongest-ever quarter by deal values for PE, VC industry: Report
Venture capital investment in India strengthened during the September quarter led by a slew of large deals of over $100 million
UK launches probe into Thomas Cook auditors as foreign branches collapse; French arm gets enquiries for buying firm
Accountancy firm EY eplaced PwC as Thomas Cook's auditors in 2017
CCD board meeting: Coffee Day Enterprise appoints EY to scrutnize book of accounts; investigate into VG Siddhartha purported letter
Coffee Day Enterprises on Thursday said it has appointed global accounting firm EY to scrutinize the books of accounts of the company and its subsidiaries
DHFL expects lenders approval of resolution plan by month-end; private equity firms in talks with promoters for strategic stake
DHFL has received non-binding indicative term sheets as part of the proposed corporate restructuring of the company
Auditors to debt-ridden DHFL raise red flags around quarterly results; trigger fresh concern about future of troubled lender
DHFL, one of India’s biggest housing finance companies with almost 1 trillion rupees ($14.52 billion) in debt, has been hard hit by a liquidity crunch
CCI needs to conduct a survey to assess if Big Four audit firms abusing their dominant position in India: Govt
Ministry of Corporate Affairs, which holds that view, is yet to send any formal request to the CCI to probe the matter, said the official.
Infibeam Avenues to seek shareholder nod to remove SRBC & Co as joint auditor
Last month, Infibeam Avenues had informed that its proposal had been approved by the Corporate Affairs Ministry
Kwality insolvency: NCLT gives debt-ridden dairy firm 90 days more time to complete resolution process
Kwality is currently undergoing the CIRP as per the provisions of the Insolvency and Bankruptcy (IBC) Code, pursuant to an order of NCLT